Of course it is manipulated. The only question is, by whom? If it is for-profit traders then that is fine. If it by our friendly central bankers then we might struggle on for a bit longer before price rises.
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It is a step closer to COIN and that is bullish for the price. Presumably we need to wait for them to receive their shiny new license.
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there are four ages: the warriors, the priests, the scientists and the merchants.
we live in the age of the merchants. they destroy the society and bring the world to end. after that the warriors take over and set up order again.
bitcoin was born at the wrong time. the idea was good, but it can only fail in this enviroment.
sell now. there may be other times where crypto can flourish.
Book talking can be pretty obvious, especially when you say directly 'sell' in every post. Try masquerading it a little.
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What happened? Bad news or what? A big trader saw the chat on reddit about the blocksize and dumped 20,000 coins on finex whilst shorting a few K to make the near term technical picture bearish. The price is down 15 dollars and all the bears who haven't been here for weeks are now back and telling us bitcoin is dead and 'double digits' etc.. Of course they all went short at 249, tarmi included. Save yourself. (in other news we are still trading sideways)
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Oh shit, this looks pretty bad! Thanks for the update. Will keep an eye on it, but it seems they are trying to dump it ASAP before Bitcoin goes sub 200 which shouldn´t take too long anympre. You got it. Hey don't tell anyone but Satoshi told me he is going to dump his coins at the same time. Remember, don't tell anyone I said so! Even a 9000 BTC sell isn't really that bad in the grand scheme of things (remember the 30k sell wall?). My bigger problem is if they move their last 9000 to bitstamp and sell them (or something to that regard), then what bitcoins are backing up their XBT Provider shares? Hmm. Perhaps they aren't going to market sell them into bitstamp after all..
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So we are still in the overestimation phase? Accumulation phase just started for me.
Accumulation phase is about to start for me. I expect the price to remain like this for a while, so I have the time Here is hoping that my bid gets hit. My cold storage will be getting substantial then
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Oh shit, this looks pretty bad! Thanks for the update. Will keep an eye on it, but it seems they are trying to dump it ASAP before Bitcoin goes sub 200 which shouldn´t take too long anympre. You got it. Hey don't tell anyone but Satoshi told me he is going to dump his coins at the same time. Remember, don't tell anyone I said so!
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<troll crap>
I suspect it has far more to do with the announcement on cointelegraph by Gavin (Chief Scientist for Bitcoin) stating that if consensus isn't met soon on the 20MB per block increase he will be moving his development effots over to bitcoin-xt client. Not a good sign when the Chief Scientist of the coin your investing in threatens to jump ship would be my guess. He is trolling you..
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I didn't arrive until 2013. But I would probably say 2011 based upon the forum posts from that time. People really thought bitcoin was dead. This bear market may have been longer but we know that it is just moving coins from weak hands to strong hands before the ride starts again.
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Accumulation phase just started for me.
Yep I have been buying weekly from circle since January. I was lucky enough to receive an unexpected large tax refund which is sat as a juicy bid just in case
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It is just a matter of time before the inevitable occurs..
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Cyclon: please do not quote the kiddy porn obsessed troll.
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Some more slapping in the face going on. You delusional permabulls are all welcome to deny this is happening of course.
We are buying you silly sod..that is the game. You would know if you hadn't sold your coins at 10$. Ad-Hominem much? The OP drones on about face slapping delusional permabulls. GTFO troll.
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LFC: just decide what % of your net worth you are comfortable investing and don't put more in that that. Then you don't sweat these engineered moves.
If btc drops below 200 then my bids buy me another 80 coins..I will probably sit tight at that point as I will have easily reached my target. If bitcoin remains in the 160 to 300 range for five years it wont effect me. If it goes to zero then I will be miffed but that is life. If it returns back towards the ATH over the coming months or years then it will have (taken from my initial investment) been an incredible success.
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Bitlicense is out any day..Should be good for at least a 10% bounce
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LOL! Another account! amazing. You will flood the Bitcointalk servers by creating 1 account per 1 single FUD post 40 times a day man, chill down and hold your coins. No such thing as Bitcoin crash. We got billonaires in this boat and you don't even know it.
He hasn't bought any yet..why do you think the urgency of his constant posting..
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shit doesn't look good, max leverage short now?
Just closed it. Maybe a good time to go long... Yep it is certainly taking a whole lot of coin to move the price down 12 dollars these days..
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btc swap rates now higher than usd..
In what measure? bfxdata.com I know where it is, but when I read it it says Longs 26.6 million USD. And Shorts 27 456 BTC, which is roughly 6 million USD. It is not the absolutes..because the long position is historically always far larger (since you can be long in btc). But shorting is somewhat different.. you can only short (and sell on exchange) what someone is willing to lend. Click the btc swaps window and you can see the swap rates demand and supply and the coin supply. It allows you to see this move was planned. The only number range that matters is 200-213. If we stay above that then this is just traders keeping us as far from the falling down trendline as they can for as long as they can..
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